8/27/2015 - 11:43 AM EST - Anaconda Mining Inc. : Reported its financial and operating results for the fiscal year ended May 31, 2015. The Company sold 15,821 ounces of gold in fiscal 2015 resulting in $22,234,071 in revenue at an average sales price of $1,405 per ounce. Cash cost per ounce sold at the Point Rousse Project for fiscal 2015 was $1,100. The Company generated positive earnings before interest, taxes, depreciation and amortization and other expenses for the year ended May 31, 2015 of $2,794,648, excluding the impact of Chilean assets and other revenue. EBITDA for the Point Rousse Project was $4,826,913. Because of a non-cash writedown of Chilean assets of $2,260,158 and high depreciation and amortization of $4,288,132, the Company generated a net loss for the year ended May 31, 2015 of $2,774,766 or $0.02 per fully-diluted share. Anaconda Mining Inc.
shares T.ANX are trading unchanged at $0.04.